Monarc at Met3 Already 10 Percent Leased

About 10 percent of apartments at the 462-unit Monarc at Met 3 were rented within days of opening a leasing office, representatives say.

Prices are close to $3 a square foot. A one-bedroom unit with 642 square feet was the cheapest available as of yesterday, with an asking price of $1,950 per month.

The building, which sits above Whole Foods, will be ready for occupancy beginning in early April.

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Anonymous
5 years ago

Stopped by yesterday, cheapest option was a one bedroom starting at $2,041, two bedroom $2,713, and three bedroom $3,748. $100 for the first parking spot (no parking included in rent) and second spot available for an additional $175 per month. $25 mandatory trash valet fee and all utilities are responsibility of renter. Will be interesting how this competes with the condo market.

Anonymous
5 years ago

i cant believe there are so many people in miami witth 90k-100k salaries that can afford 1 bedroom apartments that cost 2k.

Anonymous
5 years ago

Traffic is Hell on that block. Good luck getting in and out.

Jacob
5 years ago

God, that is one ugly-ass building. And traffic is a nightmare, so good luck to any tenant who has a car. Yeesh.

Anonymous
5 years ago

How tall is Monarch at Met 3 again ?

Yet Another Anonymous
5 years ago

It’s like 350 ft or so and I think 32 actual floors. About half the height of what had been proposed.

Javs
5 years ago

over priced for small units in a very crowded part of downtown. Indeed, people making close to six figures only need apply…

Anonymous
5 years ago

Where is there room to lIVE in many of these units?Checked the floorplans and saw tiny rooms ; little closet space for clothing let alone sports equipment.
Projects like this are a boon to Ikea’s sales of storage closets.
Many of the “older buildings”- condos of 15-30 years age on Brickell and Edgewater have the space!

Many of the older rental condos have been renovated and nicely updated I would still opt to rent one with original kitchens bathrooms and have adequate living space instead of living at this new rental .

Yet Another Anonymous
5 years ago

Better than the luxury version as far as actual downtown impact. And $2,000 for over 600 sq ft. That’s not even double per sq ft what the “dumpy” two story buildings in west Brickell get. Those 1 br’s are between maybe 300 and 500 sq ft and are now going for $1,000 plus. Move to the Roads or E.L. Havana just past 95 and they drop to just under $1,000. So $2,000 for this is not bad. And at over 400 units, this building is virtually “bigger” than the tall luxury proposal, and will have more people actually living there. The building is horribly ugly though.

Anonymous
5 years ago

Is this one ugly building or what….? LOL